Examples of Daily Charge in a sentence
Schedule of Deductions for Each Day of Overrun in Contract Time Original Contract Amount Daily Charge From More Than To andIncludingCalendar Day $ 0 $ 25,000 $ 30025,000100,000375100,000500,000550500,0001,000,0007251,000,0002,000,0009002,000,0003,000,0001,1003,000,0005,000,0001,3005,000,0007,500,0001,4507,500,00010,000,0001,650 A daily charge shall be made for every day shown on the calendar beyond the specified contract time in calendar days.
The Daily Charge and Late Charge shall be secured by the Documents.
The Liquidated Damages shall be as set forth in the following table: Service/Project Amount Daily Charge (Per Calendar Day) $5,000 and under $25 Over $5,000 but less than $10,000 $65 $10,000 or more but less than $20,000 $91 $20,000 or more but less than $30,000 $121 $30,000 or more but less than $40,000 $166 $40,000 or more but less than $50,000 $228 $50,001 or more $250 The COUNTY shall retain from the compensation to be paid to the CONTRACTOR the above described sum.
The imposition of the Daily Charge, Late Charge, and/or requirement that interest be paid at the Default Rate (defined below) shall not be construed in any way to (i) excuse Borrower from its obligation to make each payment under this Note promptly when due or (ii) preclude Lender from exercising any rights or remedies available under the Documents upon an Event of Default.
A Daily Charge shall not apply to the extent that an overdraft is solely due to Custodian error.